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File photo of goats on display at the Hanover Agricultural Fair in Grunthal, Man. in August 2019. (Dave Bedard photo)
Livestock, Sheep/Goats

U.S. to lift BSE-related rules off sheep, goat imports

New scrapie-specific rules take effect next month

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Reading Time: 3 minutes U.S. restrictions that have hindered that country’s imports of live Canadian sheep and goats, going back to the start of the BSE crisis in 2003, are set to be scrapped and replaced with rules applying specifically to scrapie. The U.S. Department of Agriculture’s Animal Plant and Health Inspection Service (APHIS) on Friday published a new […] Read more
File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
General, Markets, Reuters

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

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Reading Time: < 1 minute Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily […] Read more
An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)
Livestock, Reuters

Britain tells its food industry to prepare for CO2 price shock

U.K. pays fertilizer maker CF Industries to reopen plants

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Reading Time: 3 minutes London | Reuters — Britain warned its food producers on Wednesday to prepare for a 400 per cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. Natural gas prices have spiked this year as economies reopened from […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. ag secretary backs proposed meatpacking investigator

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Reading Time: < 1 minute Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and poultry industries. Republican U.S. Senators Mike Rounds of South Dakota and Charles Grassley of Iowa and Democratic Senator Jon Tester of Montana have proposed legislation […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery, Reuters

JBS says it paid US$11 million in bitcoin for ransom

Cyberattack disrupted plants in North America, Australia

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Reading Time: 2 minutes Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its Alberta beef plant for a […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle futures dip on slaughter delays

Lower supply expectations support hog futures

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Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell on Thursday as short-term processing delays caused by power outages and frigid weather backed up cattle and softened cash prices, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.225 cents at 122.925 cents/lb., while the spot February contract ended 0.175 cents lower at […] Read more
(JBSs.infoinvest.com.br)
Livestock, Markets, Reuters

JBS parent pleads guilty to U.S. foreign bribery charges

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Reading Time: 2 minutes New York/Rio de Janeiro | Reuters — Brazil’s J+F Investimentos, parent company of the world’s largest meatpacker, JBS, pleaded guilty to U.S. foreign bribery charges and agreed to pay US$128.25 million in criminal fines, prosecutors said on Wednesday. J+F is paying only half of the $256.5 million fines levied due to settlements made with Brazilian […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Hogs, Livestock, Markets

Strong demand, lower supplies support North American hog prices

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Reading Time: 2 minutes MarketsFarm — Hog prices in North America typically come under pressure heading into fall, as the end of barbecue season coincides with more hogs coming to slaughter. However, strong global demand has propped up hog prices in recent weeks, with cash prices increasing by over 25 per cent. Fewer hogs coming to market, coupled with […] Read more

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